The 2009 Import and Export Market for Iron and Steel Chain and Chain Parts in Sweden

On the demand side, exporters and strategic planners focusing on iron and steel chain and chain parts in Sweden face a number of questions. Which countries are supplying iron and steel chain and chain parts to Sweden? How important is Sweden compared to others in terms of the entire global and regional market? How much do the imports of iron and steel chain and chain parts vary from one country of origin to another in Sweden? On the supply side, Sweden also exports iron and steel chain and chain parts. Which countries receive the most exports from Sweden? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers?

This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for iron and steel chain and chain parts in Sweden. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for iron
and steel chain and chain parts for those countries serving Sweden via exports, or supplying from Sweden via imports. It does so for the current year based on a variety of key historical indicators and econometric models.

In what follows, Chapter 2 begins by summarizing where Sweden fits into the world market for imported and exported iron and steel chain and chain parts. The total level of imports and exports on a worldwide basis, and those for Sweden in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that Sweden is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Sweden compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.

After the worldwide summary in Chapter 2 of both imports and exports of iron and steel chain and chain parts, Chapter 3 goes into detail on imports, but for each major country of origin serving Sweden. A “major” market is defined as a country where Sweden represents a substantially large share of either imports or exports. For each major country exporting to Sweden, one can thus observe how important Sweden is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of iron and steel chain and chain parts originating from Sweden, for each major country of destination. In doing so, one can discover the share that Sweden has in each major market; this share value is often used as a measure of competitiveness for Sweden. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present a the total picture for imports and exports of iron and steel chain and chain parts to and from Sweden to and from all other major countries in the world. "Iron and Steel Chain and Chain Parts" as a category is defined in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3). The SITC code that defined "iron and steel chain and chain parts" is 6992 .
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